well below asking

4651 Eldorado Springs Dr [Boulder Notable]

BOULDER NOTABLE SALE: 4651 Eldorado Springs Drive | $7.37MMarketed with a nod to the Yellowstone television series but, weirdly, not looking anything like the iconic ranch. Clearly the listing agent has never seen the show. Costner would be terribly disappointed.  In all seriousness, this property is in one of the most rare and exclusive spots in Boulder County. It's directly adjacent to South Boulder Creek, beyond which exists extensive open space and some of the nicest trails in Boulder. A few years back, we sold a property to long-time clients just up the street from this home. It's truly a special spot.  The trophy home features a healthy 5,855 [...]

November 28, 2023|Boulder, Notable Sale|

3307 4th St [Boulder Notable]

BOULDER NOTABLE SALE: 3307 4th St | $4.5M We saw this property multiple times with our Newlands buyers during the first quarter. It was ultimately ruled out due to lack of privacy and deferred maintenance (at this price point in Boulder, buyers expect turn-key condition).  This home had some very attractive features, including the covered patio and detached studio. The indoor/outdoor transition was also well executed.  Deal Notes: Originally listed at $5M, 3307 4th Street sat on the market for an extended period and underwent one significant price reduction during its ~3 months on market. It eventually sold for $4.5M or $300K below the last list price [...]

July 11, 2023|Boulder, Notable Sale|

3715 Cloverleaf Dr [Boulder Notable]

BOULDER NOTABLE SALE: 3715 Cloverleaf Dr | $2.2MJust five houses to the north of 3625 Cloverleaf, which sold for $3.15M six days earlier. A raised ranch with four bedrooms, four baths, and about 3,100 F. SQFT.  Marketed as a new home, the developer actually repurposed the existing foundation and other structural elements of the home (just like 3625 Cloverleaf).  Acquired for only $910K in May 2021. Permits applied in October (five months later) and issued in February 2022 (another four months). Believe it or not, nine months from acquisition to shovel ready is pretty good in the City of Boulder.  Originally listed at $2.7M, the price was cut [...]

July 1, 2023|Boulder, Notable Sale|

4909 Eldorado Springs Dr [Boulder Notable]

BOULDER NOTABLE SALE: 4909 Eldorado Springs Dr | $1.8MThe road leading to the historic town of Eldorado Springs is dotted with luxury homes, many of which back to beautiful open space. Most are on large lots.  4909 Eldorado Springs didn’t back to open space (it’s across the street), but it did feature a whopping 4.23 acres of land. With two buildable lots, one with decent bones for a remodel, the property offered a rare potential opportunity to construct a family compound. This is increasingly important as the demographics of Boulder (and the rest of America) continue to trend upward in age. [...]

December 28, 2022|Boulder County, Eldorado Springs, Notable Sale|

7526 Spring Dr [Boulder Notable]

BOULDER NOTABLE SALE: 7526 Spring Dr | $3.4MIt’s unclear what the full story is here, but the seller was clearly motivated to take a huge haircut. Likely it was a personal matter or perhaps a work relocation. The home was first listed at $6.5M in April. A few months later, it was put up for auction with an initial starting bid of only $3M. This resulted in a steeply discounted sale price, and it’s what makes this sale so notable, in my opinion. Auction listings can be a terrific bargain for a buyer but typically a serious loss for the seller. [...]

December 22, 2022|Boulder, Notable Sale|

1047 Balsam Ave [Boulder Notable]

BOULDER NOTABLE SALE: 1047 Balsam Ave | $3.0MBeautiful and nearly new construction, with five bedrooms, six baths, and a two car garage. It’s also in extremely close proximity to Ideal and an easy stroll to downtown. Despite the turn-key nature of this home, it took nearly a month to find a buyer. Listed this past August. Closed for $250K below the asking price, or 7.7% below list in a conventional mortgage acquisition (i.e. not cash). Due diligence: The buyer took a big gamble given uncertainties related to the massive Alpine Balsam project directly across the street. Were they advised about the scale of this project, the hassle [...]

November 5, 2022|Boulder, Notable Sale|

416 Pleasant St [Boulder Notable]

BOULDER NOTABLE SALE: 416 Pleasant St | $850K We took our clients to see this historic home while it was on the market. Built in 1902, it featured three-bedrooms, two baths and plenty of charm. Unfortunately, the home also showed many signs of deferred TLC. The survey markings around the property also raised more questions than they answered. Provided the budget, this home would be a one of a kind gem in a fantastic neighborhood. It was just too much for our clients to take on and they passed.Deal notes: The home was listed in July at $1.075M and quickly went under contract. The first deal failed, likely due to [...]

October 24, 2022|Boulder, Notable Sale|

505 Marine Street [Boulder Notable]

BOULDER NOTABLE SALE: 505 Marine Street | $3.6M Built 120 years ago, the Snyder-Beam House is a one and a half story Edwardian vernacular with a front gabled roof, and brick and wood exterior. The brick garage was also built in 1902 (contributing)  and the accessory dwelling unit (with separate address) was built in 1937. Located in the Highland Lawn Historic District,  the property features five bedrooms, four baths, and approximately 4,521 total SQFT on a 10,391 SQFT lot.  The one car garage was converted into finished studio space and is included in the square footage. There are two additional off-street parking spaces. The interior design and remodel remained faithful to [...]

October 18, 2022|Boulder, Notable Sale|

7745 County Creek Drive [Boulder Notable]

BOULDER NOTABLE SALE: 7745 County Creek Drive | $1.05MMy buyers sometimes ask how low they can offer on a property. The answer is to know which properties to target. The best low offer targets have been on the market for at least a month, with tons of equity, and a motivated seller. 7745 County Creek was a perfect example. Listed with a wishful thinking, make-believe asking price of $1.5M in June, the property was offered by a motivated seller (i.e., estate sale) and had been under one owner for more than decade (i.e. plenty of equity). The interior was quite dated, [...]

October 3, 2022|Boulder, Notable Sale|

1025 6th Street [Boulder Notable]

BOULDER NOTABLE SALE: 1025 6th Street | $4.0M A 13,000+ lot is rare for Newlands, and this 20's era home featured five bedrooms, six baths, and a cottage across ~5,300 SQFT. Not bad. The design itself is classic, with a well thought-out layout, exterior entertaining spaces, and traditional finishes. Excluding the gaudy stone lion, it's a tasteful home, generously sized, in a solid location.    Deal notes: Listed at $4.4M in early July, it was on the market for several weeks before the seller accepted an offer at 9.1% below asking. It sold for $4.0M and closed on September 9th. The buyer [...]

October 1, 2022|Boulder, Notable Sale|

4104 Saint Croix St [Boulder Notable]

Boulder Notable Sale: 4104 Saint Croix St | $1.55M A classic five bedroom, four bath, two-story in the Fourmile neighborhood in North Boulder. Constructed in the late 90's, the home still featured mostly original builder finishes and a classic time-tested layout. It's a good benchmark for the neighborhood, adjusted for interior condition and the location on a somewhat busy corner. Deal notes: Saint Croix Street is an artery into the neighborhood, which coupled with higher mortgage rates, may explain why this property sat for more than two months before it went under contract. The seller cut the price a little after a month [...]

July 14, 2022|Boulder, Notable Sale|

985 7th Street [Notable Sale]

NOTABLE SALE: 985 7th Street | $2.4M  What Makes It Notable?  A custom mid-century home from the 1960's, the overall design was funky and quite dated. We toured it twice with clients while it was available, and both times, we concluded the compromises outweighed the privacy of the lot and uniqueness of the architecture. In particular, the location was difficult to access and tightly nestled next to the neighbors. Ultimately, we just couldn't get our head around it and envisioned the right end user doing a massive renovation.  Originally listed at $3.1M, it sat on the market from April through August, going under contract twice before it sold. The [...]

October 25, 2021|Uncategorized|

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Locations, Due Diligence, Negotiation

Testimonials

Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.

We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.

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